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Company: SABMiller (SAB-LN)
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edit Profits slide in the fourth quarter for 2008-09 for JV with TAP

MillerCoors, the U.S.-targeting joint venture between Molson Coors Brewing Co. (TAP) and SABMiller plc (ADR:SBMRY), said fourth-quarter profit slid 40%. The fall is mainly due to the costs to integrate the brands and impairment charges to its Sparks brand, the Associated Press reported.

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edit Costs of production have hurt profitability

Costs of production (carbon-dioxide in South Africa, aluminum in North America, and global barley prices) have hurt profitability

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edit Increased competition in Russia

Increased competition in Russia may cut into profits as SABMiller’s high profit margin in the premium beer market erodes

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edit Loss of Amstel brand to Heineken may hurt dominance in South Africa

Loss of the Amstel brand to Heineken may hurt SABMiller’s market dominance in South Africa

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